10th Jun 2014 12:30
RapidCloud International Plc
("RapidCloud", the "Company" or the "Group")
Final Report and Accounts
Dividend Timetable
Notice of Annual General Meeting
RapidCloud International plc (AIM:RCI), the computing services, web hosting and web solutions provider based in Southeast Asia, is pleased to announce that its Final Report and Accounts for the year ended 31 December 2013 have today been posted to shareholders together with a Notice of Annual General Meeting. Electronic copies of these documents are available from the Company's investor relations website at www.rapidcloudasia.com in accordance with AIM Rule 20.
The Company announces that the timetable for the payment of the proposed final dividend to shareholders is set out in the table below:
The Company's Annual General Meeting will be held at 3:30pm (local time) on 27 June 2014 at the offices of Allenby Capital Limited, 3 St Helen's Place, London EC3A 6AB .
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For further information, please visit www.rapidcloudasia.com or contact:
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About RapidCloud
Based in Southeast Asia RapidCloud is one of the few solutions providers in the region to deliver its offerings through all three available Cloud Computing segments: Software-as-a-Service, Infrastructure-as-a-Service and Platform-as-a-Service.
Formed in 1999 the Company has a well-established cloud offering with a customer base of 37,000. These are predominantly SMEs but also include blue-chip clients such as Deloitte, BAE Systems and Canon, for which RapidCloud's extensive R&D department creates bespoke software solutions.
RapidCloud currently has operations in Malaysia, Thailand and the Philippines and has plans to expand into Indonesia. According to industry research commissioned by RapidCloud from Frost & Sullivan in 2013, the Cloud Computing industry in Asia Pacific is expected to grow at a CAGR of 49.6% between 2013 and 2015, giving a market size of US45.6 billion by 2015.
RapidCloud International plc was admitted to AIM on 14 August 2013.
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